DOWNSIZING SALE / GRAB BOX SALE - Thank you for Attending!! See you soon!
Thursday, March 31, 2011
Sunday, January 16, 2011
Inheritance Tax Law 2011 & 2012
This came up in a recent conversation and there seems to be some confusion and misperception about the "Inheritance Tax." It is actually an Estate Tax.
Most people seem to believe that your taxes are paid on what you inherit. However, it is actually a tax on the Total Value of the Estate. So, for instance, under the current law, if the total value of the estate is $100,000,000, the first $5,000,000 is not taxed, but the remaining $95,000,000 is taxed at the highest current rate (Federal, State and/or Local).
Since the tax laws are always changing, please do not take this information as Gospel and confer with a qualified CPA.
To Gift or Not To Gift
The federal tax code currently exempts Gifts up to $13,000 in aggregate per individual per calendar year. Anything after that is taxable under the current federal tax law.Individual State exemption tax rules may differ from the Federal law, so confer with a qualified CPA in your State regarding these and other rules.
IRS Link:
Wednesday, December 22, 2010
Merry Christmas & A Happy New Year
Thank you to everyone who helped make this past year a success. Success to me is not just measured by finances, but more about how you hold yourself in life, that you have great friends and associates and that you can say you try to be a good person.
If you can accomplish this most of the time, then you are a success and life has truly blessed you!
May you all have a Joyous, Healthy and Safe Holiday Season! Look forward to seeing everyone in 2011!
Take Care and God Bless,
Renee & Staff
Tuesday, December 7, 2010
UPCOMING ESTATE SALE - 12/11 & 12/12
Thank You to all that attended the Sale this Past Weekend and For making the Sale so Successful. Happy Holidays to Everyone!
SALE this upcoming weekend ~ San Francisco
SALE this upcoming weekend ~ San Francisco
ESTATE SALE Details, see Craigslist Ad:
Something for Everyone - See you there!
What: Carrera Marble Baker's Table & Chairs (Antique), Victrola, Carrera Marble & Mahogony Chest of Drawers (Antique), Garden Statuary, Tons of Crystal / Vintage Cut Glass, Victorian Stained Glass Window piece, Lalique, Lladro, China, Porcelain (plates etc.), Antique Furniture, Danish Mid Century Desk, Antique Lamps, Stained Glass pieces, Clocks, Knick Knacks, Kitchen items, High End platform ed, Etc. ~ A more DETAILED list to follow ~
Thursday, October 21, 2010
Estate Sale Advice
It doesn't matter whether you're a family member, representative, attorney, or executor, there is always the difficult decision of how to disposition an estate. However, if you're reading this then you're already thinking of options as how to accomplish this daunting task.
Unless, you have the emotional fortitude to handle all aspects of an Estate Sale including dealing with the public, which sadly to say is not always so kind or easy, please do yourself a favor and consider hiring a professional company. These individuals will take care of all aspects required to disposition the effects of the estate so you can deal with what's truly important; helping your client(s) through the disposition of the estate or as an individual(s) allow yourself to remember fondly and grieve over the loss of your loved one.
Finally, remember do not throw anything away: 1) let the Estate Sale / Liquidations company deal with this 2) you might be throwing away something that you'd like to retain or is valuable
Remember not all Estate Sale / Liquidations companies are created equal. Most charge a percentage of the Sale Only but have additional charges for other means to disposition the estate, some like myself try to make the process from start to finish all inclusive, except hauling or if you contract additional services not related to the Estate Sale.
Granted the days of a hand shake to seal a deal are gone, but you can use your instincts about a person, get references from the company and always get a contract.
We have personally experienced the loss of loved ones, therefore we can relate to what you are going through. We will always handle your affairs with the utmost respect and consideration. However, in the end, you must feel comfortable with the people handling the estate and trust that they will perform the essential tasks at hand.
Our Best,
Le Papillon Estate Liquidation Services
Ready to go for Sale Days:
Unless, you have the emotional fortitude to handle all aspects of an Estate Sale including dealing with the public, which sadly to say is not always so kind or easy, please do yourself a favor and consider hiring a professional company. These individuals will take care of all aspects required to disposition the effects of the estate so you can deal with what's truly important; helping your client(s) through the disposition of the estate or as an individual(s) allow yourself to remember fondly and grieve over the loss of your loved one.
Finally, remember do not throw anything away: 1) let the Estate Sale / Liquidations company deal with this 2) you might be throwing away something that you'd like to retain or is valuable
Remember not all Estate Sale / Liquidations companies are created equal. Most charge a percentage of the Sale Only but have additional charges for other means to disposition the estate, some like myself try to make the process from start to finish all inclusive, except hauling or if you contract additional services not related to the Estate Sale.
Granted the days of a hand shake to seal a deal are gone, but you can use your instincts about a person, get references from the company and always get a contract.
We have personally experienced the loss of loved ones, therefore we can relate to what you are going through. We will always handle your affairs with the utmost respect and consideration. However, in the end, you must feel comfortable with the people handling the estate and trust that they will perform the essential tasks at hand.
Our Best,
Le Papillon Estate Liquidation Services
Before Start/ Pre-Set Up
Ready to go for Sale Days:
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